CEVA

By Jeff Berman ·
May 6, 2015
First quarter revenue of $1.776 billion was down 4.8 percent annually but up 4.6 percent in constant currency. And adjusted EBITDA at $51 million saw an 18.6 percent annual gain, with a 23.3 percent increase in constant currency.

By Jeff Berman ·
February 4, 2015
Global third-party logistics (3PL) services provider CEVA Logistics recently announced it opened up its fourth facility in Chicago, which is located in close proximity to O’Hare International Airport.

By Jeff Berman ·
November 12, 2014
Third quarter earnings for global third-party logistics (3PL) services provider CEVA Logistics announced earlier this week were mixed. Along with its earnings release, the company also rolled out its new global operating model, which is focused on increasing, velocity, efficiency, and responsiveness.

By Jeff Berman ·
August 13, 2014
Revenue was up 6 percent compared to the first quarter at $1.978 million and down 4.2 percent annually, and adjusted EBITDA was up 40 percent compared to the first quarter at $60 million, and was down 25 percent annually. Quarterly EBITDA was lower annually, due to the company’s Freight Management group revenues being negatively affected by lower market rates.

By Jeff Berman ·
June 26, 2014
CEVA said it will provide inbound transportation logistics services for Ford’s Coldwater, Michigan-based Coldwater Origin Distribution Center (ODC), adding that its transportation operations will be based in various Michigan locations and provide pickup and delivery to the Coldwater ODC.

By Jeff Berman ·
March 4, 2014
Fourth quarter revenue for CEVA–at $2.149 billion-dropped 9.4 percent annually, while adjusted EBITDA jumped up 57.1 percent to $77 million, with the company citing cost reduction actions taken last year contributing to ongoing annual improvements for the latter. For 2013, CEVA revenue fell 8.3 percent year-over-year to $8.517 billion, due to sluggish volumes from its Freight Management group.

By Jeff Berman ·
March 3, 2014
CEVA said the new location, which has three times the capacity of its previous location there and based at the Parque Sur Industrial Park, is comprised of 4,400 square-meters, with capacity for 7,000 pallet positions, 10 meters of free height, and is in close proximity to the Panama Tocumen Airport as well as major highways.

By Jeff Berman ·
January 28, 2014
Earlier this month, global third-party logistics (3PL) services provider CEVA Logistics introduced its new Mobility Suite, which it said is a strategic mobility and shared-network suite of solutions leveraging its TMS, CEVA Matrix.

By Jeff Berman ·
November 15, 2013
The Netherlands-based company said today that CEO Marv Schlanger will retire on January 2, 2014 and will be replaced by Xavier Urbain, a former executive at Kuehne+Nagel.

By Jeff Berman ·
November 5, 2013
CEVA described the Asia Pacific Center for Logistics Excellence as a facility focused on demonstrating real world logistics innovation through supply chain optimization and enhanced visibility, integrated services and technology solutions to power supply chain efficiency.

By Jeff Berman ·
October 28, 2013
With a healthier balance sheet intact, CEO Marv Schlanger said CEVA Logistics is now able to focus on growth for its customers, bringing in new services and investments to help support their business, which is being reflected in recent customer wins with large shippers

By Jeff Berman ·
September 16, 2013
CEVA has served Ford’s Kansas City Assembly Plant (KCAP) for more than 11 years, and with a new contract in place it will continue to provide the automotive manufacturer with various logistics-related functions at the Claycomo, Missouri-based KCAP.

By Jeff Berman ·
August 13, 2013
Logistics Management Group News Editor Jeff Berman recently caught up with CEVA CEO Marv Schlanger about the company’s year-to-date performance and its growth prospects, among other topics.

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